More recognition came to a diversified investment company, Guangdong Guangxin Holdings Group, when it was recently selected to be on the latest list of Fortune 500 enterprises.

The formidable offices of Guangdong Guangxin Holdings Group. [Photo/WeChat account: gzhzfb]

Guangdong Guangxin Holdings Group, located on Xingang East Road in Haizhu, is a State-owned capital investment company. It focuses on the development of new materials, biomedicines and food, digital creativity and integrated services, with 74 percent of its subsidiaries being mixed-ownership enterprises.

The group's total assets last year topped 100 billion yuan ($13.87 billion), holding eight listed companies, investing about 4.07 billion yuan in research, and owning 38 high-tech enterprises.

From 2021 to 2022, Haizhu district attracted over 200 key investment projects, including 12 projects invested in by Fortune 500 enterprises and 18 projects invested by China's top 500 companies.